Inflation at Zero? Biden Criticized for Picking Monthly Figure
Posted on AllSides August 12th, 2022
From The Center
President Joe Biden and the White House came under fire yesterday for claiming that inflation for July was "zero"—despite that being one of the official statistics.
Speaking from the White House, Biden said: "I want to say a word about news that came out today relative to the economy. Actually, I just want to say a number: zero." He continued, "Today we received news that our economy had zero percent inflation in the month of July."
This led to some incredulous responses, reminiscent of the recent debate over whether the country is in a recession...
Some content from this outlet may be limited or behind a paywall.